Brent Crude is once again retesting a key horizontal support level at 78.1340. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
If you’re long Brent Crude you should be aware that 78.1340 has just been breached – a level tested 3 time in the past
